New Jersey Statutes 52:18A-115. Investment of assets of Variable Division
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Terms Used In New Jersey Statutes 52:18A-115
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
9. The assets of the Variable Division shall be invested and reinvested principally in common stocks and securities which are convertible into common stocks. Such common stocks and securities shall be traded on a securities exchange in the United States or over-the-counter market.
L.1963, c.123, s.9; amended 2011, c.78, s.74.